SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE M impact

SpaceX Shares Jump 10% After Third-Quarter Revenue and Earnings Top Expectations

SpaceX reported third-quarter revenue of $14.58 billion. Its AI business accounted for more than half of total sales and AI revenue rose 830%.

SPCX

SpaceX NASDAQ:SPCX shares surged 10% Wednesday morning after the company delivered better-than-expected third-quarter revenue and earnings, with its artificial intelligence business accounting for more than half of total sales.The company reported revenue of $14.58 billion for the quarter, up 161…